New World Educational Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,919,038 | 1,953,694 | −34,656 | 3.5 | 42% |
| 2012 | 1,918,977 | 1,990,030 | −71,053 | 3.0 | 50% |
| 2013 | 1,852,430 | 1,923,405 | −70,975 | 2.7 | 53% |
| 2014 | 1,797,378 | 1,677,504 | 119,874 | 3.9 | 51% |
| 2015 | 1,487,155 | 1,485,762 | 1,393 | 4.4 | 43% |
| 2016 | 1,697,601 | 1,616,474 | 81,127 | 4.7 | 46% |
| 2017 | 1,777,451 | 1,917,470 | −140,019 | 3.1 | 50% |
| 2018 | 1,887,285 | 1,906,144 | −18,859 | 3.0 | 50% |
| 2019 | 2,463,662 | 2,172,703 | 290,959 | 4.2 | 52% |
| 2020 | 2,189,727 | 2,272,262 | −82,535 | 3.6 | 55% |
| 2021 | 2,679,383 | 2,375,820 | 303,563 | 5.0 | 55% |
| 2022 | 2,637,150 | 2,760,445 | −123,295 | 3.7 | 54% |
| 2023 | 2,273,774 | 2,405,336 | −131,562 | 3.6 | 52% |
In its most recent public year (2023), this organization spent $131,562 more than it brought in. Its reserves stood at about 3.6 months of spending. Staff pay was 52% of spending. $35,268 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
New World Educational Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works